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Bjarne Stroustrup – Managing Director, Technology

morganstanley.com

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Re: Bjarne Stroustrup – Managing Director, Technology

#41
post #20

Earlier quoted context omitted.

I think you greatly underestimate the programming challenges available in large investment banks, from "We ingest literally thousands of separate sources, many of them time-series, at the rate of gigabytes per second." to "How does one manage a programming team of ten thousand people split between six countries?" to "Where do we strike the balance between the-most-fault-tolerant-computer-is-one-that-is-powered-off an…

But these are only tangentially related to the real-world in the sense that a over-a-century-old monopolist family & corporation has constructed systems to enrich themselves and requires maintenance on those systems to continue to extract ever more currency from their customers (or non-customers, aka 'market', as it may be). Most people's conception of real-world problems would be more along the lines of making sure…

That wasn't Patrick's point at all. You're conflating "real problems" with "problems that have a measurable impact on a moral concern of mine." This is the wrong way to look at Stroustrup's claim, and by extension, Patrick's comment.

Morgan Stanley has plenty of "real problems" in that they have plenty of challenging and exciting technical problems that rival those you would see at a top tech company. It isn't fair to dismiss someone's reasons for joining a top Wall St firm as purely financial, because it has many technical challenges to offer very skilled engineers.

Couple this with the fact that, let's face it, most people at AmaGooBookSoft simply aren't "changing the world" in the moral revolutionist sense of the term, and that most of the top tech companies have so much technical debt that many of their engineering teams are focused on maintaining old CRUD apps.

I can perfectly understand Stroustrup's decision here. You'll almost always be sorely disappointed if you join a company for its glamorous reputation. On the other hand, it's objectively verifiable that some companies have truly challenging technical problems, and others don't.

Re: Bjarne Stroustrup – Managing Director, Technology

#42

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

Do you know what kind of problems he's solving there? You sound so judgmental and cynical, it's ridiculous.

Re: Bjarne Stroustrup – Managing Director, Technology

#44

Earlier quoted context omitted.

Managing Director isn't exactly as high up in the chain at MS as it sounds and he could definitely still be getting his hands dirty directly with technical decisions at that level. When I worked there I worked with one MD who was 3rd in line on the pager list and was more than comfortable logging into the servers to resolve problems if there was an issue that for some reason 1st and 2nd level weren't in a position to…

Managing Director is the highest up in chain and it covers highest levels of management. In fact, CEO of Morgan Stanley is a Managing Director. But of course an MD can decide to 'get his hands dirty'. It is a personal decision.

ED was higher than MD when I was there unless I'm remembering it backwards it was over a decade ago.

We had an ED who ran a few large projects and had 2 MD's under him(and above me).

Edit: Just did a bit of googling and it looks like I did have them backwards. Thanks for the correction.

Re: Bjarne Stroustrup – Managing Director, Technology

#45
post #43

OP here. My original title was "The Inventor of C++, Bjarne Stroustrup Works at Morgan Stanley", and after 20 minutes, it somehow changed "Bjarne Stroustrup – Managing Director, Technology". WHAT'S GOING ON HERE?!?!?!?!?!?!?!?!?!?!?!?!?!

HN censors at work. I've had my titles changed also, with no notice or even an indication that the title is different from what I submitted even though it is still attributed to me.

I consider it bullshit.

Re: Bjarne Stroustrup – Managing Director, Technology

#46
post #43

OP here. My original title was "The Inventor of C++, Bjarne Stroustrup Works at Morgan Stanley", and after 20 minutes, it somehow changed "Bjarne Stroustrup – Managing Director, Technology". WHAT'S GOING ON HERE?!?!?!?!?!?!?!?!?!?!?!?!?!

It happens fairly often. The moderators tend to revert submissions to the original title. From the posting guidelines[1]: "please use the original title, unless it is misleading or linkbait."

[1] https://news.ycombinator.com/newsfaq.html

Re: Bjarne Stroustrup – Managing Director, Technology

#47
post #43

OP here. My original title was "The Inventor of C++, Bjarne Stroustrup Works at Morgan Stanley", and after 20 minutes, it somehow changed "Bjarne Stroustrup – Managing Director, Technology". WHAT'S GOING ON HERE?!?!?!?!?!?!?!?!?!?!?!?!?!

Titles of submissions should match the title of the article. See https://news.ycombinator.com/newsguidelines.html

Re: Bjarne Stroustrup – Managing Director, Technology

#48
post #41

Earlier quoted context omitted.

But these are only tangentially related to the real-world in the sense that a over-a-century-old monopolist family & corporation has constructed systems to enrich themselves and requires maintenance on those systems to continue to extract ever more currency from their customers (or non-customers, aka 'market', as it may be). Most people's conception of real-world problems would be more along the lines of making sure…

That wasn't Patrick's point at all. You're conflating "real problems" with "problems that have a measurable impact on a moral concern of mine." This is the wrong way to look at Stroustrup's claim, and by extension, Patrick's comment. Morgan Stanley has plenty of "real problems" in that they have plenty of challenging and exciting technical problems that rival those you would see at a top tech company. It isn't fair t…

First, you've changed the terminology. Bjarne said "real-world problems", not just "real problems". Second, ensuring everyone has access to food is not a "moral concern", but an actual, real-world problem. As in, the "world" has not been able to solve it or accomplish it.

I have no doubt MS has "real problems", but they are primarily "Morgan Stanley problems" of the type I described in my first post.

Third, I made no claims or comparisons to "AmaGooBookSoft". From what I can tell, they aren't too much into solving most of the problems I described, although Google and perhaps some others have made good progress towards expanding access to knowledge and educational materials.

Fourth, I didn't "dismiss someone's reasons"; only confronted them directly, which is pretty much the opposite of 'dismiss'.

Re: Bjarne Stroustrup – Managing Director, Technology

#49
post #37

[deleted]

financial services are getting more customized and the margins are getting thinner. clients also tend to care very little about the cleverness about the back end solutions and only about whether it works better than the alternatives and whether it is cheaper. time to market is very low, and the quality hurdle is your best competitor. this is just the nature of the sell side. and after all is said and done banks are huge organizations and it's hard to really stand out whether one is a salesperson or an innovator.
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